Intapp price target raised to $71 from $60 at Piper Sandler

Piper Sandler raised the firm’s price target on Intapp (INTA) to $71 from $60 and keeps an Overweight rating on the shares. The firm notes Intapp results were roughly in-line with the Street, and full year targets were modestly bumped up. Revenue growth was driven by Cloud ARR, with Cloud NRR of about 119%.